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HARRIS CORPORATION (HRS)

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Harris Corporation : Technical Briefing on JDS Uniphase, CIENA, ADTRAN, Exelis, and Harris

04/23/2013 | 08:05am US/Eastern
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LONDON, April 23, 2013 /PRNewswire/ --

Indices closed higher. The technology sector also followed the broad market trend and reversed its initial losses. Our research team followed major companies in the Communication Equipment industry like CIENA Corporation (NASDAQ: CIEN), JDS Uniphase Corp (NASDAQ: JDSU), ADTRAN Inc. (NASDAQ: ADTN), Exelis Inc. (NYSE: XLS) and Harris Corporation (NYSE: HRS). StockCall has posted free technical research reports on CIEN, JDSU, ADTN, XLS, and HRS and these can be accessed by signing up at

http://www.stockcall.com/analysis

CIENA Corporation ended its latest trading session at $14.66, up 0.21 percent from its previous close. With its latest upward movement, the stock is now down 4.37 percent on a YTD basis, while its 52 weeks loss stands at 8.32 percent. The stock oscillated in the range of $14.14 and $14.77 during yesterday's session. It traded 3.76 million shares and shows a neutral trend. The stock may touch $14.81 in the coming sessions. Upon breaching this level, its next resistance level is at $15.29. Download the free report on CIEN upon registration at

http://www.StockCall.com/CIEN042313.pdf

JDS Uniphase Corp. gained substantially with above average volume to end its latest session at $12.89. The stock ended 1.50 percent higher than its previous close. Its volume for the day stood at 4.87 million shares. The stock is currently trading lower than its 20-day SMA of $12.91 but higher than its 50-day SMA of $12.87, thus signaling a neutral trend. Its first resistance level is at $13.04, while it may tumble down to $12.48 before receiving any support. JDS stock is down 2.05 percent on a YTD basis. A JDSU technical report can be accessed for free by signing up at

http://www.StockCall.com/JDSU042313.pdf

ADTRAN Inc. sank in Monday's trading session. The stock closed 1.20 percent lower at $20.56 with above average volume of 1.13 million shares, showing a neutral trend. ADTRAN has its first support level at $20.04. Upon breaching this level, its next support level is at $19.10. The company has its 52-week high at $31.52, while its 52-week low stands at $15.38. The company commands market capitalization of $1.26 billion. ADTRAN is also trading below its short-term and long-term average price, further confirming a neutral trend. A free report on ADTN can be accessed by registering at

http://www.StockCall.com/ADTN042313.pdf

Exelis Inc. extended its 52 weeks gain by closing 0.58 percent higher. The stock ended Monday's session at $10.36, while its highest price point for the session stood at $10.40. It traded 696,343 shares, down from its average daily volume of 1.29 million. Exelis traded in the range of $9.01 and $12.32 in the past 52 weeks, and currently it is trading near its high price point. The company commands market capitalization of $1.95 billion and it reported its latest EPS at $1.75. Exelis' stock declined more than 9 percent in the past 52 weeks. Register with StockCall and download the research on XLS for free at

http://www.StockCall.com/XLS042313.pdf

Harris Corporation closed yesterday' session with strong upward movement, accompanied with above average volume. The stock ended at $42.74, up 1.81 percent from its previous close. It traded in the range of $41.80 and $43.04 during Monday's session. Harris is a neutral stock as it commands beta of 1.00. The company's current market capitalization stands at $4.82 billion. The stock has declined 11.53 percent on a YTD basis, while its 52 weeks loss stands at 3.08 percent. Read the full free research on HRS by signing up to StockCall at

http://www.StockCall.com/HRS042313.pdf

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SOURCE StockCall.com

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